INSURANCE AGENCY NETWORK Blog
Buying a policy allows people to file a claim. However, once you file your claim, some decisions or behaviors might invalidate your claim. You should know these four possible mistakes beforehand so that you won't have your claim invalidated.
Failing to Act Fast
From the time the accident takes place, you should know that you have the obligation to report the incident as soon as possible. Many insurance firms will not honor claims when the period to report it has passed. Thus, you have to check with your insurer regarding this rule before you sign your policy. The rule makes it easy for the policy provider to do a follow up of the details of the claim when the case is still fresh.
Not Able to Provide Required Information
When the incidence is reported, you're obliged to provide all the essential information required. If you fail to do this, it could cause delays, or the insurer will deny your claim. This will include the exact thing that happened, the location of the accident, the people involved, and the way it happened.
Withholding Information After Purchase of Policy
Several policyholders make up details in order for them to reduce their premiums. However, this might backfire at you when you file a claim. Make sure you tell the truth when deciding to buy a policy. Providing inaccurate information might lead to a cancellation of your policy or a denial of your claim. It is always better to be honest with your insurer, or you might get yourself in a lot of trouble in the end.
Being Unable to Buy Enough Coverage
The policy will only cover the specific issues stated in the original document that you signed. This means that if you had bought an insufficient policy, then there's a good chance your insurer will deny your claim. Therefore, imagine what the worst-case scenario would be and make sure you got everything covered. It also pays to ask your insurer the right questions since you don’t want to pay for more coverage than what you may need.
Some Final Words
Making a car insurance claim is not easy if you’re not careful. Make sure you buy enough coverage. Make it a point that you act fast and you provide the correct information. Take care not to withhold essential information when undergoing assessment for your insurance policy. As long as you keep these in mind, you won’t have a hard time with your auto insurance claims.
At Insurance Agency Network, we do our best in making sure that our clients are well-protected with affordable and comprehensive policies. We make sure to go the extra mile to help you with your needs. To learn more about how we can help you, please contact our agency at (425) 681-0996 or Click Here to request a free quote.